Some Ugly Truths BOFI Fans Do Not Want to Hear

The reality is you are getting a 2005-style jumbo mortgage lender (with other odd high risk loans) funded primarily by high cost brokered deposit.”

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Goldman Sachs Is Doing Great, Americans Are Not

The American people are not taking part in the recovery. Almost all the new wealth being generated is going to Wall Street and not Main Street. Goldman Sachs’ revenue increased by $2.38 billion over the past year, while the demand for new housing is 25% lower than it was 10 years ago, according to the National Association of Realtors’ chief economist, Lawrence Yun.

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